Tag: Business news
Commercetools lays off staff in ‘headless commerce’ shift
Commercetools, a prominent "headless commerce" platform specializing in APIs for online storefronts, has recently undergone significant changes that have reverberated throughout the e-commerce industry. The company, which experienced a surge in business during the...
Canoo EV Startup Declares Bankruptcy and Halts Operations
Canoo EV Startup Declares Bankruptcy and Halts OperationsIn a shocking turn of events, the seven-year-old electric vehicle startup Canoo has officially filed for bankruptcy, announcing that it will be "ceasing operations immediately." The company,...
Snappy Acquires Swag-Gifting Startup Covver to Expand Market Presence
Snappy Acquires Covver to Enhance Gifting ExperienceSnappy, a prominent player in the corporate gifting market, has made a significant move by acquiring Covver, a leading corporate merchandise gifting platform. This strategic acquisition aims to...
Uber CEO Dara Khosrowshahi Resigns from Aurora’s Board: What It Means for Self-Driving Trucks
Uber CEO Dara Khosrowshahi Resigns from Aurora's BoardUber CEO Dara Khosrowshahi has announced his resignation from the board of Aurora Innovation, a prominent autonomous vehicle technology company. This decision comes as Khosrowshahi aims to...